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Nov 2, 2012
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. >> brown: the losses in life and property kept growing today, in the wake of "sandy". the death toll reached 92 and the focus on physical damage shifted to new jersey, where the monster storm blasted barrier islands and other waterside cities. the mas force of the orm's destruction along the jersey shore came fully into view today. town after town presented stark scenes of wrecked homes and boats, underscoring the long process of rebuilding that es ahead. one of those tow was t long beach community north of atlantic city, where army national guard troops arrived to assist. >> a lot of devastation. the island has been hit very hard. from what i understand there is roughly 18,000 homes without poeser, there is severe gas leaks, so right now we are just trying to get everything together for the office of emergency management here and the different municipalities and just assist them with whaterer needs they have going on.er >> brown: and even three days later, some long beach residents still could not believe the power of the srm. >> this was the deepest water i have ever
. >> brown: the losses in life and property kept growing today, in the wake of "sandy". the death toll reached 92 and the focus on physical damage shifted to new jersey, where the monster storm blasted barrier islands and other waterside cities. the mas force of the orm's destruction along the jersey shore came fully into view today. town after town presented stark scenes of wrecked homes and boats, underscoring the long process of rebuilding that es ahead. one of those tow was...
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Nov 3, 2012
11/12
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. >> super storm sandy. >> as we're going through the reconstruction eand rebuilding, we have to find ways to build this city back stronger and than ever before. >> new york city, no electricity, no lights, millions in the dark, fires, subways flooded, ruined rampant, many deaths. >>people work in the insubway system, in the construction industry in this state ve said they've never seen damage like this, so it's a new reality for us, and i think it's one that we're going to have to deal with. >> besides new york, new jersey was a victim of the disaster. governor chris christie .reviewd the situation at the shoreline, president obama at his side. >> we are here for you, and we will not forget. we will follow up to ma sure that you get all the help you need until you've rebuilt. >> later, at a news conference, the governor gave his report. >> the president of the united states and i have had six conversations since sunday. that shows a level of caring and ofconcern and interest that i think a leader should be giving to th ty of situation. so today, in fact, reed asked me this after i go
. >> super storm sandy. >> as we're going through the reconstruction eand rebuilding, we have to find ways to build this city back stronger and than ever before. >> new york city, no electricity, no lights, millions in the dark, fires, subways flooded, ruined rampant, many deaths. >>people work in the insubway system, in the construction industry in this state ve said they've never seen damage like this, so it's a new reality for us, and i think it's one that we're going...
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Nov 3, 2012
11/12
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and with the impact of sandy, we don't really know how it's going popular vote on the east coast. >> belva: that is the storm. >> the storm, the hurricane. new jersey, you're talking about, new york, i'm hearing ohio there's some effects. this could be an issue. we reallyng- this is a -- could be a cliff hanger. >> belva: we seem to be able to talk about most things, very little about issues in this whole election cycle, because there's been such a predominant tax and other groups contributing to races. again, we feel the ping of money when it comes to the congressional race. >> absolutely. and sa amento in particular has been an incredible hot bed of spending on congressional races because there are actually four pretty well contested races that sort of fall within that media market. there's the seventh district, where republican incumbent dan lundgren is in serious trouble as democratic challenger takes a second bite at the apple and that's considered a tossup race. jerry mcnearny is the only democratic incumbent who is considered to be a tossup in california, just got moved to tha
and with the impact of sandy, we don't really know how it's going popular vote on the east coast. >> belva: that is the storm. >> the storm, the hurricane. new jersey, you're talking about, new york, i'm hearing ohio there's some effects. this could be an issue. we reallyng- this is a -- could be a cliff hanger. >> belva: we seem to be able to talk about most things, very little about issues in this whole election cycle, because there's been such a predominant tax and other...
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Nov 1, 2012
11/12
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now we see the same thing with sandy. i think the hope has to be at sandy isn't short for cassandra and that it's another warning that we ignore. absolutely people nat have seen that you c in fact have the worst-case scenario, which was flooding of the lower manhattan and i think any city along the eastern sea board has ask-to-ask themselves what would happen if us?icane sandy hit >> suarez: well, how do we price risk, then, into the decisions we make both publicly and privately. should there with b places in new jersey, in new york, where insurance companies say "we for you toto pay rebuild right there"? where the cost of doing so becomes higher and maybe prohibitive for some people? >> there probably should be, yes, because the alternative is we kp enticing people to place more and more of theip value, weal in more of their fragile co-systems or fragile areas of the enviwenment if we don't give them the proper price signal on risk. so somehow we have to find a way to get the state out of being the insurer of last resort
now we see the same thing with sandy. i think the hope has to be at sandy isn't short for cassandra and that it's another warning that we ignore. absolutely people nat have seen that you c in fact have the worst-case scenario, which was flooding of the lower manhattan and i think any city along the eastern sea board has ask-to-ask themselves what would happen if us?icane sandy hit >> suarez: well, how do we price risk, then, into the decisions we make both publicly and privately. should...
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Nov 1, 2012
11/12
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where does sandy fit in terms of economic impact? s showing?our numb >> good question, susie. >> in terms of totalu economic loss. because airms aren't going, and restaurants aren't serving meals, and the property damage i think tell come to about $50 billion. to put this in context, th's roughly the consequence of 9/11. it you sad up katrina it was 150 million. it's a big storm and a lot of damage, but less than's katrina. >> susie: quickly, mark, because on friday we have the employment numbers coming out. i'd like your take on that. what are you expecting in terms of new job hings and the unemployment rate? we've created 150,000 jobs a month over the past three years. i expect that's roughly what we'll get. une loyment, as yout, remember, it dips down unexpectedly to 7.8%, i expect that will notch up a tenth or two. i don't think we go over 8%. >> susie: it could notch up a bilt. good information. mark, always a pleasure talking to you. mark zandi. >> thank you. >> tom: still ahead, from downed powerlines, to flooded out utilities, we talk a
where does sandy fit in terms of economic impact? s showing?our numb >> good question, susie. >> in terms of totalu economic loss. because airms aren't going, and restaurants aren't serving meals, and the property damage i think tell come to about $50 billion. to put this in context, th's roughly the consequence of 9/11. it you sad up katrina it was 150 million. it's a big storm and a lot of damage, but less than's katrina. >> susie: quickly, mark, because on friday we have...
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Nov 3, 2012
11/12
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instead, stocks sank on worries that the costs of hurricane sandy will eat into profits. the dow jones industrial average lost 139 points to close at 13,093. the nasdaq fell almost 38 points to close at 2,982. for the week, the dow and the nasdaq were off a fraction of 1%. korean auto makers hyundai and kia could end up paying hundreds of millions of dollars to car owners as compensation for overstating fuel economy. the environmental protection agency now says an audit revealed that 13 models averaged up to six miles a gallon less than advertised. some 900,000 vehicles sold in the last three years are affected. u.s. intelligence officials have rejected claims they failed to answer the attack on the u.s. consulate in benghazi, libya. there've been reports the cia told its security officers to "stand down" and not try to repel the attackers. senior intelligence officials denied that on thursday. they said a security team responded within 25 minutes, en though eney were outmanneer and outgunned.ne those are some of the day's major stories. now, back to judy. >> woodruff: th
instead, stocks sank on worries that the costs of hurricane sandy will eat into profits. the dow jones industrial average lost 139 points to close at 13,093. the nasdaq fell almost 38 points to close at 2,982. for the week, the dow and the nasdaq were off a fraction of 1%. korean auto makers hyundai and kia could end up paying hundreds of millions of dollars to car owners as compensation for overstating fuel economy. the environmental protection agency now says an audit revealed that 13 models...
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Nov 3, 2012
11/12
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an update on the aftermath of hurricane sandy now. with temperatures dropping, tempers are flaring in some areas struggling with no per and dwindling food and clean water. >> this is staten island. four days after hurricane sandy brought her destructive winds ng storm surge of atlantic seawater. across the hudson river from new york, some new jersey neighborhoods remain inundated with flood waters. low temperatures this weekend are forecast to be close toas freezing. the official count from the artment of energy had 3.6en million customers across 11 states still without power. getting around in fected areas remains a challenge. the new york subway system remains shut down in lower manhattan. commuter rail systems in the new york suburbs are on limited i service, as are new york's three large airports. >> tom: energylso remains a concern. late today the department of energy announced it will release emergency heating oil supplies to relieve a supply crunch due to sandy. meantime, many gasoline stations in the new york-nemajersey area-
an update on the aftermath of hurricane sandy now. with temperatures dropping, tempers are flaring in some areas struggling with no per and dwindling food and clean water. >> this is staten island. four days after hurricane sandy brought her destructive winds ng storm surge of atlantic seawater. across the hudson river from new york, some new jersey neighborhoods remain inundated with flood waters. low temperatures this weekend are forecast to be close toas freezing. the official count...
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Nov 6, 2012
11/12
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utilities have been in focus thanks to the devastation left by superstorm sandy. two of the public traded utilities still working to get power back on, continue seeing their stocks fall. new york power company consolidated edison was down 2d w jersey's public servicey' enterprise group dropped another 1.2%. these are their lowest share prices sin may. meantime, lower energy prices, specifically for natural gas, helped profits at fertilize m maker c.f. industries. a booming farm ecliomy helped increase demand, making up forlp lower prices for its phosphate fertilizer. the stock rallied 3.2% before the company released its quaerly results after the closing bell tonight.es the stock rallied about 1% from this closing price in extended hours trading. the company is optimistic about its 2013 busines it expects farmers to plant a lot of corn next year, and need the fertilizer for it. real estate website zillow also was out with its results late today. while earnings per share were stronger than expected but its forecast came up short. after closing down 5., atn $34.37 p
utilities have been in focus thanks to the devastation left by superstorm sandy. two of the public traded utilities still working to get power back on, continue seeing their stocks fall. new york power company consolidated edison was down 2d w jersey's public servicey' enterprise group dropped another 1.2%. these are their lowest share prices sin may. meantime, lower energy prices, specifically for natural gas, helped profits at fertilize m maker c.f. industries. a booming farm ecliomy helped...
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now hurricane sandy. sandy, what kind of name is that? are you a dude storm or a lady storm? oh, big surprise, just when obama needs a boost, who shows up but a gender-ambiguous weather system, a category 5 by cure cane. (laughter) hey, hey, don't get me wrong, i don't mine you being a hemispheric scale meteorological event, but why must you be so flamboyant and in my face about it? (cheers and applause) no, i'm hurricane sandy, deal with me! now, make no mistake, folks, the hurricane agenda is to make the federal government look necessary! (laughter) well, mitt romney understands that disaster relief belongs only on the state level. as he explained when asked about his plans for fema during a primary debate. >> every time you have an occasion to take something from the federal government and send it back to the states, that's the right direction. and if you go even further and send it back to the private sector, that's even better. >> stephen: right! we should make disaster relief the sole responsibility of the states. who better to respond to what's going on inside its own
now hurricane sandy. sandy, what kind of name is that? are you a dude storm or a lady storm? oh, big surprise, just when obama needs a boost, who shows up but a gender-ambiguous weather system, a category 5 by cure cane. (laughter) hey, hey, don't get me wrong, i don't mine you being a hemispheric scale meteorological event, but why must you be so flamboyant and in my face about it? (cheers and applause) no, i'm hurricane sandy, deal with me! now, make no mistake, folks, the hurricane agenda is...
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Nov 2, 2012
11/12
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still ahead, we have more on sandy: flood insurance, the cost of getting power turned back on, and the challenge of getting around america's busiest city. >> tom: october marked a pick-up in private hiring. that's the word from payroll processing firm adp. it says u.s. private payrolls grew by 158,000 positions in october. that higher than expected number comes as adp overhauls how it calculates the number by including more companies in its survey. darren gersh reports. >> reporter: the economic signals out today point in the same direction-- an economy that has moved through a rough couple of months last spring has now found stability. >> slow growth need not be fragile, so we are in a derate growth phase that appears to be quite durable. it's going to be hard to break out significantly in one direction or the other, unless we get a policy surprise or a policy mistake. >> repter: the adp payroll snapshot is seen as a kind of preview for the government's official employment report, which comes out tomorrow. factoring in job losses in statr and local government, adp projects the labor d
still ahead, we have more on sandy: flood insurance, the cost of getting power turned back on, and the challenge of getting around america's busiest city. >> tom: october marked a pick-up in private hiring. that's the word from payroll processing firm adp. it says u.s. private payrolls grew by 158,000 positions in october. that higher than expected number comes as adp overhauls how it calculates the number by including more companies in its survey. darren gersh reports. >> reporter:...
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Nov 9, 2012
11/12
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but at least one analyst predicts sandy's hit will be temporary. erika miller reports. >> reporter: first, we had superstorm sandy. last night, a snow storm. but today, new yorkers were back to shopping in full force. contrary to conventional wisdom, natural disasters have very little long-term impact on retail spending. >> they don't destroy demand, they displace it, either forward in time-- before the event-- or after the event. or nowadays, of course, from bricks and mortar to online. >> reporter: customer growth partners looked at 20 years of natural disasters and found that in virtually every case, spending rose in the months after the event. sandy or not, the holiday season is expected to be ho-hum for retailers. the national retail federation, the retail industry's trade group, is forecasting a more than 4% gain, but customer growth partners, which does field research with shoppers, expects just a 2.8% gain. >> disposable income is weak, and disposable income is still the single biggest driver behind retail sales. so that's weak. there's fea
but at least one analyst predicts sandy's hit will be temporary. erika miller reports. >> reporter: first, we had superstorm sandy. last night, a snow storm. but today, new yorkers were back to shopping in full force. contrary to conventional wisdom, natural disasters have very little long-term impact on retail spending. >> they don't destroy demand, they displace it, either forward in time-- before the event-- or after the event. or nowadays, of course, from bricks and mortar to...
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Nov 24, 2012
11/12
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>> i do have clarity on sandy and frankly it's devastating. particularly on individuals. we had 200 of our stores closed for the first three days of the november period and then many more were closed after that because we didn't have power. we definitely were impacted in a major way at our company. >> reporter: for the current quarter you expect to fall short of wall street forecasts by at least five cents. are you still comfortable with those expectations? >> we try to guide honestly and if we're able to exceed that number that's always good news. but we try to guide where we believe we're going to be so we're confident with our forecasts. >> reporter: terry thank you so much. >> thanks ruben. >> tom: while many wal-mart employees spent black friday working the check-out line, others were manning the picket line. they used the high profile shopping day to protest low wages, work schedules and employee benefits. the protests were organized by a union-backed employee group called "our walmart". demonstrations were planned for one thousand stores in 100 cities. organizers s
>> i do have clarity on sandy and frankly it's devastating. particularly on individuals. we had 200 of our stores closed for the first three days of the november period and then many more were closed after that because we didn't have power. we definitely were impacted in a major way at our company. >> reporter: for the current quarter you expect to fall short of wall street forecasts by at least five cents. are you still comfortable with those expectations? >> we try to guide...
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i am done with sandy. now, thank you so much. gerri: next, our gas lines are stretching from new york to new jersey. some stations are worried about they will charge whatever they want to. should they be allowed to do that? john stossel has an interesting take coming up next i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm geing married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. etfs for the heart intof your portfolio.es core, taefficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit is
i am done with sandy. now, thank you so much. gerri: next, our gas lines are stretching from new york to new jersey. some stations are worried about they will charge whatever they want to. should they be allowed to do that? john stossel has an interesting take coming up next i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm geing married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a...
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Nov 1, 2012
11/12
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aftermath of hurricane sandy. and hearing the stories with his victims like that woman in new jersey. here's where we are at 5:30 a.m. eastern time this morning. the death toll as a result of sandy now stands at 72 according to the associated press. 5.6 million homes and business as long the eastern seaboard still without electricity. in new york city, half of manhattan is pourlewerless, the travel situation is getting into motion. limited subway station resumes in areas where the tunnels are not flooded. governor cuomo declared a transportation emergency which suspends fares on all mass transit. limited flights expected to resume at laguardia airport at 7:00 a.m. today. the situation remains dicey in other parts of the city. bellevue hospital, the city's top trauma center is now shut down. last night the hospital safely evacuated the remaining 300 patients after fuel pumps to backup generators failed. we followed two days of around the clockwork to keep that power running. at one point employees made a 14-floor h
aftermath of hurricane sandy. and hearing the stories with his victims like that woman in new jersey. here's where we are at 5:30 a.m. eastern time this morning. the death toll as a result of sandy now stands at 72 according to the associated press. 5.6 million homes and business as long the eastern seaboard still without electricity. in new york city, half of manhattan is pourlewerless, the travel situation is getting into motion. limited subway station resumes in areas where the tunnels are...
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Nov 1, 2012
11/12
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now hurricane sandy. sandy, what kind of name is that? are you induced or a lady storm? big surprise, just when obama needs a boost, who shows up in a gender ambiguous weather system? a category 5 bi-hurricane. don't get me wrong, i don't mind you being a meteorological event but why must be so flam poiboya and in my face about it? no, i'm hurricane sandy. deal with me. >> all right. did you see this video yesterday? a 4-year-old girl in ft. collins, colorado, if you think you're sick of the presidential election, look to her reaction after a ride to her grocery store with her mom during which she listened to an mpr report about the campaign. >> because i'm tired of both obama and mitt romney. >> that's why you're crying? oh, it will be over soon, abby. okay? the election will be over soon, okay? >> okay. >> she speaks for so many. by the way, npr offered an apology to the little girl and said "only a few more days. only a few more days." here's a picture of little abigail smiling. there she is happy. they visited her and gave her a little feature and tweeted out that pi
now hurricane sandy. sandy, what kind of name is that? are you induced or a lady storm? big surprise, just when obama needs a boost, who shows up in a gender ambiguous weather system? a category 5 bi-hurricane. don't get me wrong, i don't mind you being a meteorological event but why must be so flam poiboya and in my face about it? no, i'm hurricane sandy. deal with me. >> all right. did you see this video yesterday? a 4-year-old girl in ft. collins, colorado, if you think you're sick of...
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Nov 8, 2012
11/12
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WMAR
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sandy could cost americans $50 billion in damage by earliest mafts. and much of the cleanup remains to be done. tonight, 675,000 people are still without power since last week's disaster. and hundreds of thousands displaced. the whole day started with high anxiety. new jersey governor chris christie urging hurricane survivors to be cautious and patient. >> you know, we may take a setback in the next 24 hours. you need to be prepared for that. i'm prepared for that. i hate setbacks. i don't tolerate them usually very well, but this one, i can't control. >> reporter: in north jersey, buildings damaged by sandy were re-boarded up. they have extra plywood now as people brace for a second battering. winds howled into new york city, where subway systems are still under repair. and now, railroads and bridges are frozen. once again, crippling the area into an impassable mess. >> really, really bad. waiting on line for gas now we're waiting on line to getme. >> it is a good idea to stay indoors with this, because hurricane sandy weakened trees and the high win
sandy could cost americans $50 billion in damage by earliest mafts. and much of the cleanup remains to be done. tonight, 675,000 people are still without power since last week's disaster. and hundreds of thousands displaced. the whole day started with high anxiety. new jersey governor chris christie urging hurricane survivors to be cautious and patient. >> you know, we may take a setback in the next 24 hours. you need to be prepared for that. i'm prepared for that. i hate setbacks. i...
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Nov 16, 2012
11/12
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volunteers from occupy sandy are here in force, along with police and the national guard. but some residents complain that representatives from government agencies like fema are scarce. eva bennick moved to a new home here eight years ago. she applied for assistance but was told on the phone her application was missing. >> they had lost the application. she found my application, she said okay, it looks like it fell through the process. i don't understand why anybody's been out there yet. nobody's been out there yet. i said, well that makes two of us. i've got to tell you the first time where we've felt like we've ever needed help. first time. and just feel like, you know, fema's supposed to be it. everybody, like my insurance company says call fema. yeah, everbody asks me that. did you call fema. i'm like, yeah. what happened? nothing. that sucks. it... it just sucks. >> reporter: fema officials contend they are responding as best they can. but because of the sheer magnitude of the work, fema official robert jensen admits some residents will be disappointed. >> this is har
volunteers from occupy sandy are here in force, along with police and the national guard. but some residents complain that representatives from government agencies like fema are scarce. eva bennick moved to a new home here eight years ago. she applied for assistance but was told on the phone her application was missing. >> they had lost the application. she found my application, she said okay, it looks like it fell through the process. i don't understand why anybody's been out there yet....
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Nov 1, 2012
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. >> an entire community wiped out by sandy. a massive fire broke out in queens at the same time the storm hit and now those are seeing the destruction for the first time. we're going to take you there. thanks so much for joining us. i'm megan pringle. charlie is on a special assignment. in the meantime i know a lot of you are finally saying, okay, we are gone with sandy and now what is next, maybe some sunshine so we can dry out and clean out. let's find out. we're going to send it over to meteorologist lynn net charles. >> we see that see a couple of light showers trike to work their way into carroll county and frederick county. we are dry looking at some snow towards the west. that will continue as we go throughout the day. we will be cold once again this morning. make sure you have that coat. we can see emmittsburg coming in at 42 degrees, 44 at perry hall and glen burnie. check out that hour by hour forecast for you as you plan. we're waking up around 6:00 this morning, that temperature at 44 degrees. we will be under mostl
. >> an entire community wiped out by sandy. a massive fire broke out in queens at the same time the storm hit and now those are seeing the destruction for the first time. we're going to take you there. thanks so much for joining us. i'm megan pringle. charlie is on a special assignment. in the meantime i know a lot of you are finally saying, okay, we are gone with sandy and now what is next, maybe some sunshine so we can dry out and clean out. let's find out. we're going to send it over...
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Nov 3, 2012
11/12
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CURRENT
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that's what sandy did. >> eliot: the reason for that was because sandy was the perfect metaphor you need a government to come in and do certain things a government that is smart capable, driven by people who believe in its purpose and mission and it evoked the images of katrina which is the worst metaphor for mitt romney. and i think the president has surfed the wrong of this, and it's on the emotions of the public. >> yes, i don't think obama was trying to use it politically. i think he was trying to do thinks job. i think chris christie was trying to do his job. i also think that chris christie understands that he faces re-election in a pretty democratic state, and obama understands that he faces re-election next week. those are political realities. they're politicians, and they don't deny that. but they were doing their jobs, and i think christie's role here, as i'm sure you know as a former governor, it was a big deal for christie to come out and do what he did. that also really hurt romney. >> eliot: yes, that was the political maneuver of the week. he played it perfectly. switch ge
that's what sandy did. >> eliot: the reason for that was because sandy was the perfect metaphor you need a government to come in and do certain things a government that is smart capable, driven by people who believe in its purpose and mission and it evoked the images of katrina which is the worst metaphor for mitt romney. and i think the president has surfed the wrong of this, and it's on the emotions of the public. >> yes, i don't think obama was trying to use it politically. i...
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Nov 1, 2012
11/12
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the flames fanned by the powerful winds of sandy. we'll be right back. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> we learned today, the giant fire that devastated the new york city community of breezy point was even more destructive than first believed. fire officials upped the number of homes destroyed to 110. flames were fanned by the gale force winds of sandy. and today, search and rescue teams scoured debris, checking for victims. i'm joined by matt long, a former new york firefighter who lost his home in the fire. it's a miracle he's alive after th
the flames fanned by the powerful winds of sandy. we'll be right back. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin'...
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Nov 1, 2012
11/12
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CNBC
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hit by sandy. we'll discuss the outlook for prices with a guest who says shortages will continue for several days in the hardest hit areas. >>> plenty of focus on energy today. weaker prices taking their toll on shell. posting a 15% drop in its third quarter profit following a fall in prices. result below analyst expectations. if x. on mobile expected to report a fall in its profit today. revenues expected to contract by around 9:00. 9%. and from the energy companies to the gas pumps. >> shortage caused by hurricane sandy is causing lines in some cases miles long. joining us for monday is jonathan citron. thanks for calling in. you follow energy markets quite a bit. how long and how likely are the shortages to persist? >> i think we'll see the shortage persist for a short period of time. they're doing all they can to alleviate not only the damage, but it's all about getting the power back on. we need to get the glass to the pumps and the pumps working. so i think it's a matter of days rather than t
hit by sandy. we'll discuss the outlook for prices with a guest who says shortages will continue for several days in the hardest hit areas. >>> plenty of focus on energy today. weaker prices taking their toll on shell. posting a 15% drop in its third quarter profit following a fall in prices. result below analyst expectations. if x. on mobile expected to report a fall in its profit today. revenues expected to contract by around 9:00. 9%. and from the energy companies to the gas pumps....
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more than six million people without power in sandy's wake. all of those above-ground power lines are largely to blame for this. we'll dig in why we still have those. >>> plus do you think the richay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tls president obama, not to visit the big apple after the storm. i say thank goodness. but one of my guests says bloomberg is way out of bounds. he is here to disagree with me. even when they say it's not, it is always about money. melissa: first after a two-day hiatus, let's look at market headlines. wall street swung back into gear on the first day of trading since superstorm sandy. stocks were choppy throughout the session. they closed mixed throughout the day. dow closed down 10 points. home depot closed higher on the dow. expected demand of home and construction suppli sent shares up 2%. that makes sense. facebook shares tumbled 4%. a l
more than six million people without power in sandy's wake. all of those above-ground power lines are largely to blame for this. we'll dig in why we still have those. >>> plus do you think the richay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tls president obama, not to visit the big apple after the...
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Nov 6, 2012
11/12
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and the northeast took slow steps toward recovery, one week after hurricane sandy hit. everyone gets sick, even the leader of the free world. hari sreenivasan takes a look at how health affects the presidency. >> sreenivasn: this year's candidates have clean bills of health, but that hasn't always been the case. we look at the ailments of past presidents, from depression he influenza to heart attacks. that's on our health page. as we see a final day of campaign ads, historian michael beschloss reflects on a 1976io commercial for gerald ford that never aired because it was too emotional for its time. and on our world page, video journalist toby muse filed a report of his visit with the gravediggers of aleppo, syria. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. i'm gwen ifill. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening, with full coverage of election day voting, and stay with you all night with results and analysis as the polls close. thank you, d good night. n m
and the northeast took slow steps toward recovery, one week after hurricane sandy hit. everyone gets sick, even the leader of the free world. hari sreenivasan takes a look at how health affects the presidency. >> sreenivasn: this year's candidates have clean bills of health, but that hasn't always been the case. we look at the ailments of past presidents, from depression he influenza to heart attacks. that's on our health page. as we see a final day of campaign ads, historian michael...
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Nov 2, 2012
11/12
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four days since sandy made landfall. i'm toure. from the superstorm to the supercharged final jobs report. has either changed the race? >> i'm s.e. cupp. after two definitions and three debates, it's almost time to actually vote. where are the candidates spending their final hours and bha does it mean? we'll read the political tea leaves. >> fear turns to frustration for thousands of victims today. >> i'm krystal
four days since sandy made landfall. i'm toure. from the superstorm to the supercharged final jobs report. has either changed the race? >> i'm s.e. cupp. after two definitions and three debates, it's almost time to actually vote. where are the candidates spending their final hours and bha does it mean? we'll read the political tea leaves. >> fear turns to frustration for thousands of victims today. >> i'm krystal
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Nov 1, 2012
11/12
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after hurricane sandy. it is almost unrecognizable. but it is not just this city, but it is the entire new jersey landscape, the whole shore that seems to have been completely uprooted, redesigned, and by mother nature's own whim, redone rick is on long beach, new jersey, with the latest. i imagine were the same there, too? rick: absolutely. the mayor says they have in water. no power. no gas. no sewer. no telephone service. he says they are dead in the water. he estimates the damage of long beach island alone could be $700 million. the homes here are bear, the streets are bear, they have cleared several streets of sand and the police set up a roadblock do clear the sand off the roads. we had police come by and talk to us and tell us they concerned about the safety of people who are here because of all the hazards. downed power lines and possible gas leaks. they should it down for the barrier islands to prevent explosions and fires but the toll continues to climb and they have not begun to get a handle on it. we were in ocean city earl
after hurricane sandy. it is almost unrecognizable. but it is not just this city, but it is the entire new jersey landscape, the whole shore that seems to have been completely uprooted, redesigned, and by mother nature's own whim, redone rick is on long beach, new jersey, with the latest. i imagine were the same there, too? rick: absolutely. the mayor says they have in water. no power. no gas. no sewer. no telephone service. he says they are dead in the water. he estimates the damage of long...
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let's go. >>> breaking news on hurricane sandy. live to gary tuchman in hoboken. you are in one of the worst parts of the storm there. we hear as many as 20,000 people in hoboken are still trapped. is that what you are hearing? >> well, piers, the news much more encouraging today than what we heard last night. what we found is this. the national guard has arrived. 45 members of the national guard with 18 vehicles. we went with them behind me through the city for 90 minutes tonight. we can tell you, the water has receded greatly and thousands of people in the buildings. most of them are here because they want to stay. the water no more than a foot or two deep right now, old people, elderly people, people infirm are still in buildings, and we went with the national guard, we asked people if we wanted to leave? no, we're happy playing cards, playing dominoes. able bodied are able to walk out on foot. we don't regard this situation as dire, not a life-threatening situation. >> great to hear. something about the stoicism of people, always pretty awe inspiring actually.
let's go. >>> breaking news on hurricane sandy. live to gary tuchman in hoboken. you are in one of the worst parts of the storm there. we hear as many as 20,000 people in hoboken are still trapped. is that what you are hearing? >> well, piers, the news much more encouraging today than what we heard last night. what we found is this. the national guard has arrived. 45 members of the national guard with 18 vehicles. we went with them behind me through the city for 90 minutes...
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Nov 3, 2012
11/12
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did hurricane sandy cause a media distraction taking the heat off the president on key issues? most in the media still in a blackout over the terror attacks in benghazi, ignoring new details about what happened and helping the white house cover up the real story. and do the tv shows you watch 6 any influence who you will puck as president? >> i marry bessy and dee. >> judy miller, richard grenell. jim pinkerton, contributing editor and alan colmes, thanks the liberals for saving america. she host of alan colmes show. i'm jon scott. fox news watch is on right now. >> were on the southern tip of manhattan, the area known as the battery, named the cannons that were defending it back in the 17th century. but nothing could protect the city when the water of water came crashing on shore. >> a huge portion of the eastern seaboard is crippled tonight. millions of viewers cannot see this broadcast because they are heading into another night of the dark. >> millions are trying to recover super storm sandy. >> it was billed the biggest storm to the atlantic coast delivered a crippling sto
did hurricane sandy cause a media distraction taking the heat off the president on key issues? most in the media still in a blackout over the terror attacks in benghazi, ignoring new details about what happened and helping the white house cover up the real story. and do the tv shows you watch 6 any influence who you will puck as president? >> i marry bessy and dee. >> judy miller, richard grenell. jim pinkerton, contributing editor and alan colmes, thanks the liberals for saving...
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Nov 1, 2012
11/12
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CURRENT
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how hurricane sandy could play a role in the popular vote. let's take a look at new york and particularly in nasa county right next to new york city. that's on long island. almost a million people there lost power. the long island power authority said it could take up to ten days to restore power in nasa county. voters there went for the president last time. it's a big county and now new york city, next it to new york city where about 2 million people lost power, manman has about 8% of the state's population and in the last election it went 86% for the president. these are all blue for a reason and they were all hit by hurricane sandy. let me go over to new jersey to essex county new jersey. thousands of people still without power. that county has 9.4% of the state's total pop lair and they went for the president by 76% in 2008. so if they can't vote because of the storm damage we could see a dip nationally on the democratic side in the popular vote. now if you go back to the south and the middle of the country where all of this red is there
how hurricane sandy could play a role in the popular vote. let's take a look at new york and particularly in nasa county right next to new york city. that's on long island. almost a million people there lost power. the long island power authority said it could take up to ten days to restore power in nasa county. voters there went for the president last time. it's a big county and now new york city, next it to new york city where about 2 million people lost power, manman has about 8% of the...
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the death toll from sandy is now up to at least 48 people in eight states, and nearly 6 million people in 15 states and the nation's capital are still without power tonight. also today president obama got a firsthand look of the jersey shore, one of the areas hardest hit by sandy. he was accompanied by new jersey governor chris christie. here they are in a photo just released by the white house within the past hour on marine one. the president said he will help. >> we are here for you and we will not forget, we will follow up to make sure that you get all the help that you need until you've rebuilt. >> the iconic boardwalk and seaside heights, new jersey, is just one of the places the president saw today. it's a landmark made famous by bruce springsteen, mtv and "the sopranos." this is before and after, to give you a sense of what's happened. it's not even all there. you can see the rides including the roller coaster have been washed away sitting in the ocean. michael holmes is just across the bay in toms river, new jersey. you were in seaside heights, you toured it, what did you see?
the death toll from sandy is now up to at least 48 people in eight states, and nearly 6 million people in 15 states and the nation's capital are still without power tonight. also today president obama got a firsthand look of the jersey shore, one of the areas hardest hit by sandy. he was accompanied by new jersey governor chris christie. here they are in a photo just released by the white house within the past hour on marine one. the president said he will help. >> we are here for you and...
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Nov 14, 2012
11/12
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and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors of the economy through demand for building materials, through more demand for other products-- furniture, you name it! >> reporter: she's optimistic housing will remain one of the few bright spots in an otherwise sluggish recovery. erika miller, "n.b.r.," new york. >> susie: it was an unhappy earnings story in the third quarter for saks. the upscale department store said sales and profits were hurt by a modest spike in promotions. on top of that, saks expects sales to be flat in the current holiday period because of a slow start to november due to hurricane sandy. noow, trouble at saks underscores new worries spreading throughout the luxury sector about the all important holiday season. suzanne pratt reports. >> reporter: on manhattan's 5th avenue,
and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors of the economy through demand for building materials, through more demand for other products-- furniture, you name it! >> reporter: she's optimistic...
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Nov 1, 2012
11/12
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we begin with the latest in sandy's aftermath. the storm is now being blamed for at least 74 deaths. more than 6 million people are without power, spread throughout 15 states. >> natural gas fires are burning in or threatening several communities, particularly in new jersey. and another airport, new york's la guardia, reopens today with limited service. >> inching towards normalcy. >>> in new york this morning, more signs of life getting back to routine. the city's massive subway system is roaring back to life. except in hard-hit manhattan. >> more power is being restored to that area, as well. that's where we find abc's mark greenblatt once again this morning. good morning, mark. >> reporter: good morning to you. right now, the death toll from hurricane sandy stands at a grisly 74. and over in new jersey, there's a looming threat ona and ongoine from ruptured natural gas lines. but in this neighborhood in lower manhattan, the lights are on for the first morning since sandy struck. the nation's largest public transit system will b
we begin with the latest in sandy's aftermath. the storm is now being blamed for at least 74 deaths. more than 6 million people are without power, spread throughout 15 states. >> natural gas fires are burning in or threatening several communities, particularly in new jersey. and another airport, new york's la guardia, reopens today with limited service. >> inching towards normalcy. >>> in new york this morning, more signs of life getting back to routine. the city's massive...
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Nov 21, 2012
11/12
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this is just a sliver of the debris that sandy left behind on statten island. not preparing could cost much more. here in the far rock-aways the surge crushed dozens of houses and hurricane winds fanned flames from a fire that incinerated 111 homes. the city of new york has decided to clear away what's left here along with demolishing 200 more structures damaged by the storms. >> it was my living room couches but it flipped them over in the house. just pouring water out of them today. >> reporter: rich has had a view of the atlantic ocean from his waterfront home for more than 20 years. now he's living in a motor home in the parking lot. but he wonders whether a sea barrier would be effective. >> is it worth it? i'm not so sure it's worth it because i'm not so sure it's going to work. i don't know how you're going to stop that kind of power. putting a sea wall out there. if it would work, okay. who is going to guarantee it? spending that kind of money for something that might not work.ñr >> sreenivasan: it's a point that even the netherland concedes. the count
this is just a sliver of the debris that sandy left behind on statten island. not preparing could cost much more. here in the far rock-aways the surge crushed dozens of houses and hurricane winds fanned flames from a fire that incinerated 111 homes. the city of new york has decided to clear away what's left here along with demolishing 200 more structures damaged by the storms. >> it was my living room couches but it flipped them over in the house. just pouring water out of them today....
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Nov 1, 2012
11/12
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CURRENT
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they are making progress as sandy continues to move out. here in lower manhattan not fully with power yet. they say it won't be until the weekend until they can get most of everyone back online here. i didn't know this, i'm originally from california they're bringing in utility workers from across the country including california to this area, 4,000 of them from out of the region to help them get this power back online. the issue that you have is in places like connecticut downed trees. it's not like something that they can string up a line quickly. they have to go through each one of these areas. new jersey, the devastation there. people are not even going to be able to go back to those homes for several days either. >> eliot: the good news about cables above grounds you can see when they've been damaged and you can get to them quickly. bad news, the trees bring them down. underground, bad news, water can get to them. you're from california so we'll end this by saying thank you to the californians for coming to help us out. they've done it
they are making progress as sandy continues to move out. here in lower manhattan not fully with power yet. they say it won't be until the weekend until they can get most of everyone back online here. i didn't know this, i'm originally from california they're bringing in utility workers from across the country including california to this area, 4,000 of them from out of the region to help them get this power back online. the issue that you have is in places like connecticut downed trees. it's...